In finance, a dividend unit is the right to receive payments equal to actual dividends paid on a share or a stock.[1][2] A dividend unit can be granted for a term, for example 20 years from the date of grant.[3]

In the United States, dividend units are sometimes offered to employees as part of their retirement plan.[3]

References

  1. ↑ Mishra, M. N.; Mishra, S. B. (2014) [1979]. Insurance Principles and Practice (22nd ed.). New Delhi, India: S. Chand Publishing. p. 59. ISBN 978-93-85676-07-9.
  2. ↑ "Oracle ® FLEXCUBE Investor Servicing Dividend User Guide: 2. Dividend Maintenance". Oracle Help Center. 2017. Archived from the original on 2019-12-14. Retrieved 14 December 2019.
  3. 1 2 "What is Dividend units". capital.com. Retrieved 14 December 2019.



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